B2Gold Corp Net Income vs. EBITDA
| BTG Stock | USD 2.62 0.08 2.96% |
Net Income | First Reported 2007-09-30 | Previous Quarter -24 M | Current Value -633.8 M | Quarterly Volatility 113.9 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.64 | 0.6113 |
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For B2Gold Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of B2Gold Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well B2Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between B2Gold Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of B2Gold Corp over time as well as its relative position and ranking within its peers.
B2Gold |
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of B2Gold Corp. If investors know B2Gold will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about B2Gold Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.16 | Earnings Share (0.54) | Revenue Per Share 1.466 | Quarterly Revenue Growth (0.06) |
The market value of B2Gold Corp is measured differently than its book value, which is the value of B2Gold that is recorded on the company's balance sheet. Investors also form their own opinion of B2Gold Corp's value that differs from its market value or its book value, called intrinsic value, which is B2Gold Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because B2Gold Corp's market value can be influenced by many factors that don't directly affect B2Gold Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between B2Gold Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if B2Gold Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, B2Gold Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
B2Gold Corp EBITDA vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining B2Gold Corp's current stock value. Our valuation model uses many indicators to compare B2Gold Corp value to that of its competitors to determine the firm's financial worth. B2Gold Corp is rated fifth in net income category among its peers. It is rated second in ebitda category among its peers totaling about 70.99 of EBITDA per Net Income. At this time, B2Gold Corp's Net Income is most likely to increase significantly in the upcoming years. Comparative valuation analysis is a catch-all technique that is used if you cannot value B2Gold Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.B2Gold EBITDA vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
B2Gold Corp |
| = | 10.28 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
B2Gold Corp |
| = | 729.9 M |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
B2Gold EBITDA Comparison
B2Gold Corp is currently under evaluation in ebitda category among its peers.
B2Gold Corp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in B2Gold Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, B2Gold Corp will eventually generate negative long term returns. The profitability progress is the general direction of B2Gold Corp's change in net profit over the period of time. It can combine multiple indicators of B2Gold Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -124.6 M | -118.4 M | |
| Operating Income | 327.4 M | 343.8 M | |
| Net Income From Continuing Ops | 335.5 M | 352.2 M | |
| Income Before Tax | 320.3 M | 177.7 M | |
| Total Other Income Expense Net | -7.1 M | -7.4 M | |
| Net Income Applicable To Common Shares | 290.8 M | 305.3 M | |
| Net Income | 10.3 M | 9.8 M | |
| Income Tax Expense | 278.7 M | 292.7 M | |
| Interest Income | 19.9 M | 15.5 M | |
| Net Interest Income | 8 M | 8.4 M | |
| Change To Netincome | 54.2 M | 35.9 M | |
| Net Income Per Share | 0.01 | 0.01 | |
| Income Quality | 17.18 | 18.04 | |
| Net Income Per E B T | 0.03 | 0.03 |
B2Gold Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on B2Gold Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of B2Gold Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the B2Gold Corp's important profitability drivers and their relationship over time.
Use B2Gold Corp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if B2Gold Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in B2Gold Corp will appreciate offsetting losses from the drop in the long position's value.B2Gold Corp Pair Trading
B2Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to B2Gold Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace B2Gold Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back B2Gold Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling B2Gold Corp to buy it.
The correlation of B2Gold Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as B2Gold Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if B2Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for B2Gold Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your B2Gold Corp position
In addition to having B2Gold Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out Trending Equities. For more detail on how to invest in B2Gold Stock please use our How to Invest in B2Gold Corp guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
To fully project B2Gold Corp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of B2Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include B2Gold Corp's income statement, its balance sheet, and the statement of cash flows.